Ethereum started an upside correction from the $1,720 美元兑美元汇率区. ETH price could correct further higher, but upsides might be capped near $1,850.
- Ethereum formed a base above the $1,720 support zone before starting an upside correction.
- The price is still trading well below the $1,850 resistance and the 100 每小时简单移动平均线.
- There was a break above a key bearish trend line with resistance near $1,790 在ETH / USD的小时图上 (通过Kraken提供数据).
- The pair is likely to rise further towards the $1,850 resistance zone and the 100 每小时SMA.
Ethereum Price Correcting Losses
Ethereum remained in a bearish zone and it extended its decline below $1,800, 类似于比特币. ETH price broke the $1,780 support and it settled well below the 100 每小时简单移动平均线.
The price traded as low as $1,718 and it seems to be forming a base above the $1,720. Ether is now correcting gains and it is trading above the $1,750 水平. 突破了 50% 斐波拉契回撤位关键跌幅从 $1,832 向高处摆动 $1,718 低.
There was also a break above a key bearish trend line with resistance near $1,790 在ETH / USD的小时图上. The pair is now trading above the 61.8% 斐波拉契回撤位关键跌幅从 $1,832 向高处摆动 $1,718 低.
The price is now facing resistance near the $1,810 水平. 现在主要阻力正在形成 $1,850 水平和 100 每小时SMA. To move into a positive zone, the price must climb above the $1,830 和 $1,850 抵抗水平.
Fresh Decline in ETH?
If Ethereum fails to recover above $1,820 和 $1,850, it could continue to move down. 下行方面的初步支撑接近 $1,775 水平.
第一个主要支撑位在附近 $1,750 水平. 现在主要支撑正在形成 $1,720 水平. Any more losses could set the pace for a drop towards the $1,650 support zone in the near term. The next major support sits near the $1,600 水平.
每小时MACD – The MACD for ETH/USD is now gaining pace in the bullish zone.
每小时RSI – The RSI for ETH/USD is now above the 50 水平.